Is FP Markets trustworthy? | FP Markets Broker Review 2026
Is FP Markets trustworthy?
FP Markets is trustworthy, with a top-tier Australia’s ASIC license, segregated client funds and an 8.8/10 FXStreet Trust score as of November 2026.
Why is FP Markets considered trustworthy?
FXStreet finds FP Markets trustworthy because its broad global regulation sets high standards in top-tier markets, outweighing isolated concerns. Our verdict also reflects our positive real-world experience with FP Markets, from account opening to trading and withdrawals.
Our FP Markets review details the evidence behind each category score.
How does FP Markets protect client funds?
FP Markets protects client funds by holding them in segregated accounts at top-tier banks and offering negative balance protection (November 2026).
- Separate from company funds: FP Markets keeps client money fully apart from its own operating funds and protected from creditor claims.
- Negative balance protection scope: eligible retail clients can’t lose more than their deposited funds, and FP Markets resets any deficit to zero without claiming it back.
- Automated stop-out: FP Markets closes positions at a 50% margin level to prevent negative equity.
- Data security: FP Markets uses SSL encryption and platform-level security measures across all regions.
What is FP Markets’ reputation among traders?
FP Markets is highly regarded as an established, reputable broker, with trader feedback praising its execution, pricing, and regulation.
Traders also consistently highlight fast order fills, responsive support, and reliable platforms such as MT4, MT5, cTrader, and TradingView.
On the other hand, some users report occasional withdrawal delays, slippage during high-volatility news, or verification holds, though these are infrequent and in line with industry norms.
Is FP Markets reliable?
FP Markets is reliable and versatile, FXStreet found in its November 2026 review, with smooth execution and no technical glitches.
- Slippage: in our tests on major Forex pairs, crosses, Gold and indices, slippage was mostly neutral or positive, and any negative slippage was a fraction of a pip.
- Spread stability: spreads stayed tight and stable, with EUR/USD near 0.0–0.1 pips on the Raw account and occasional widening only around major news.
- Execution model: FP Markets uses STP/ECN-style execution with no dealing desk on its Standard and Raw accounts, routing orders to top-tier liquidity providers.
- Mobile stability: the FP Markets app stayed stable, with charts, orders and indicators synchronizing seamlessly.
- Withdrawal: our test card withdrawal arrived in under 24 hours.
How good is FP Markets’ customer support?
FP Markets’ customer support is outstanding, earning a 9.8/10 FXStreet score in November 2026 for 24/7 help in 40+ languages and near-instant chat.
Customer Service is FP Markets’ top-scoring FXStreet category.
During the review process, the AI chatbot replied in under a minute and live agents resolved queries within 1–3 minutes, even on busy days and weekends. Email replies arrived in about 10 minutes.
FP Markets offers support by live chat, email, WhatsApp, callback, phone, social media and an online Help Center.
Is FP Markets a good broker overall?
FXStreet finds FP Markets a good broker overall, excelling in 24/7 support, execution quality, platform variety and fast onboarding (November 2026).
FP Markets suits beginners, with free, high-quality education and a commission-free Standard account, as well as active scalpers and day traders, with the Raw account’s tight pricing and fast fills.
We consider FP Markets ideal for cost-conscious, multi-asset traders who prioritize reliability.
What are FP Markets’ pros and cons?
FP Markets’ main strengths are tight Raw spreads, 24/7 support and wide platform choice, while drawbacks such as VPS volume rules are minor.
Pros
- Tight Raw-account spreads with a low commission
- 24/7 multilingual customer support
- MT4, MT5, cTrader, TradingView and, in selected regions, IRESS
- Free education, including webinars and structured courses
- Fully digital account opening that took us 6–7 minutes
Minor drawbacks
- Free VPS hosting requires a monthly trading volume that may be high for new traders.
- Swap-free accounts must be requested manually and carry an administration fee on some instruments.
- The FP Markets mobile app has a few limitations compared with the desktop platforms.
How competitive are FP Markets’ spreads and fees?
FP Markets’ spreads and fees are competitive, with Raw spreads from 0.0 pips plus $6.00 per lot round turn and Standard from 1.0 pip (November 2026).
| FP Markets account | Spreads from | FXStreet average spread, major forex pairs | Commission |
|---|---|---|---|
| Raw account | 0.0 pips | 0.08 pips | $6.00 per lot, per round turn, on forex and spot metals |
| Standard account | 1.0 pip | 1.18 pips | None |
FXStreet finds that FP Markets’ pricing outperforms the industry average across many instruments.
FP Markets charges no inactivity fee and no deposit fees on its side, though banks and payment providers may apply their own charges.
FP Markets category scores
| FXStreet category (November 2026) | FP Markets score |
|---|---|
| Account Conditions | 8.8/10 |
| Trading Settings | 8.2/10 |
| Tools and Resources | 9.0/10 |
| Trust | 8.8/10 |
| Customer Service | 9.8/10 |
| User Experience | 9.4/10 |
FP Markets FAQs
Are client funds safe with FP Markets?
FP Markets shields client funds from creditor claims, and negative balance protection means eligible retail clients can’t lose more than they deposit.
Does FP Markets accept clients from the United States?
FP Markets does not accept residents of the United States, according to its November 2026 terms, or of sanctioned countries such as Iran.
Which ASIC license does FP Markets hold?
FP Markets holds ASIC license AFSL 286354 through its Australian entity, First Prudential Markets Pty Ltd, a top-tier license as of November 2026.
Is FP Markets good for beginners?
FP Markets suits beginners, with a commission-free Standard account, a $100 minimum deposit and free education FXStreet rated highly in November 2026.
Does FP Markets charge withdrawal fees?
FP Markets charges no withdrawal fees on its standard payment methods, though banks, processors and blockchain networks may add their own charges.